About
Gujarat Pipavav Port Limited engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India. The company provides port services, including marine, berth hire, wharfage, yard operation, stevedorage, and other services. Its port handles bulk and break-bulk cargo comprising coal, cement, clinker, fertilizers, steel, iron ore, agri-products, salt, and soda ash; dry bulk cargo; and liquid cargo, including LPG, POL, chemicals, vegetable oils, bitumen, etc., as well as offers roll-on roll-off, towage, maritime personnel, and storage and warehousing services. It also offers buffer yard facilities, containers, container freight station, and inland transportation solutions; data and door turning services; rail-out by bill of lading services; and customs examination facility, direct port delivery, and RMS port delivery services. The company was incorporated in 1992 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap7,817 Cr
P/E14.40
Div Yield6.43 %
Book Value₹49.40
52w High₹200.00
52w Low₹142.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 332.00 | 317.00 | 292.00 | 299.00 | 250.00 | 252.00 | 263.00 | 227.00 | 246.00 | 251.00 | 270.00 | 253.00 | 215.00 |
| Expenses | 118.00 | 94.00 | 132.00 | 122.00 | 103.00 | 95.00 | 124.00 | 94.00 | 96.00 | 94.00 | 110.00 | 102.00 | 109.00 |
| Operating Profit | 214.00 | 223.00 | 160.00 | 178.00 | 147.00 | 157.00 | 139.00 | 133.00 | 150.00 | 157.00 | 159.00 | 151.00 | 106.00 |
| OPM % | 64.00 | 70.00 | 55.00 | 59.00 | 59.00 | 62.00 | 53.00 | 58.00 | 61.00 | 63.00 | 59.00 | 60.00 | 49.00 |
| Other Income | 15.00 | -3.00 | 11.00 | 67.00 | 21.00 | 19.00 | 19.00 | 21.00 | 22.00 | -32.00 | 19.00 | 25.00 | 14.00 |
| Depreciation | 31.00 | 30.00 | 32.00 | 32.00 | 31.00 | 28.00 | 31.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 |
| Interest | 1.00 | 1.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 |
| Profit before tax | 197.00 | 189.00 | 136.00 | 212.00 | 135.00 | 146.00 | 126.00 | 123.00 | 140.00 | 93.00 | 147.00 | 145.00 | 89.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 |
| Net Profit | 147.00 | 140.00 | 101.00 | 158.00 | 101.00 | 109.00 | 94.00 | 92.00 | 105.00 | 70.00 | 110.00 | 108.00 | 66.00 |
| EPS in Rs | 3.04 | 2.90 | 2.10 | 3.27 | 2.08 | 2.26 | 1.94 | 1.89 | 2.16 | 1.45 | 2.28 | 2.23 | 1.36 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,158.00 | 986.00 | 988.00 | 917.00 | 741.00 | 733.00 | 735.00 | 702.00 | 649.00 | 683.00 | 660.00 | 867.00 |
| Expenses | 450.00 | 410.00 | 415.00 | 414.00 | 331.00 | 311.00 | 289.00 | 313.00 | 275.00 | 262.00 | 278.00 | 365.00 |
| Operating Profit | 708.00 | 576.00 | 574.00 | 503.00 | 411.00 | 422.00 | 447.00 | 389.00 | 374.00 | 421.00 | 382.00 | 502.00 |
| OPM % | 61.00 | 58.00 | 58.00 | 55.00 | 55.00 | 58.00 | 61.00 | 55.00 | 58.00 | 62.00 | 58.00 | 58.00 |
| Other Income | 97.00 | 82.00 | 25.00 | 13.00 | 26.00 | 44.00 | 51.00 | 45.00 | 37.00 | 33.00 | 24.00 | -5.00 |
| Interest | 7.00 | 6.00 | 9.00 | 8.00 | 5.00 | 6.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.00 |
| Depreciation | 126.00 | 117.00 | 116.00 | 116.00 | 129.00 | 133.00 | 131.00 | 113.00 | 104.00 | 107.00 | 97.00 | 83.00 |
| Profit before tax | 672.00 | 536.00 | 474.00 | 392.00 | 302.00 | 327.00 | 359.00 | 321.00 | 307.00 | 347.00 | 309.00 | 387.00 |
| Tax % | 26.00 | 25.00 | 25.00 | 26.00 | 36.00 | 33.00 | 18.00 | 36.00 | 35.00 | 28.00 | 38.00 | 0.00 |
| Net Profit | 500.00 | 399.00 | 354.00 | 292.00 | 193.00 | 218.00 | 292.00 | 206.00 | 198.00 | 250.00 | 191.00 | 387.00 |
| EPS in Rs | 10.35 | 8.26 | 7.32 | 6.04 | 4.00 | 4.52 | 6.05 | 4.25 | 4.11 | 5.17 | 3.95 | 8.01 |
| Dividend Payout % | 100.00 | 99.00 | 100.00 | 101.00 | 100.00 | 100.00 | 93.00 | 82.00 | 83.00 | 74.00 | 48.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 | 483.00 |
| Reserves | 1,672.00 | 1,635.00 | 1,609.00 | 1,595.00 | 1,549.00 | 1,549.00 | 1,601.00 | 1,538.00 | 1,531.00 | 1,536.00 | 1,513.00 | 1,307.00 |
| Borrowings | 37.00 | 60.00 | 79.00 | 79.00 | 47.00 | 47.00 | 58.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 559.00 | 501.00 | 526.00 | 479.00 | 442.00 | 363.00 | 282.00 | 348.00 | 296.00 | 331.00 | 282.00 | 200.00 |
| Total Liabilities | 2,752.00 | 2,681.00 | 2,698.00 | 2,637.00 | 2,522.00 | 2,442.00 | 2,426.00 | 2,369.00 | 2,310.00 | 2,351.00 | 2,279.00 | 1,991.00 |
| Fixed Assets | 1,295.00 | 1,329.00 | 1,358.00 | 1,363.00 | 1,408.00 | 1,467.00 | 1,583.00 | 1,590.00 | 1,686.00 | 1,676.00 | 1,342.00 | 1,339.00 |
| CWIP | 286.00 | 83.00 | 81.00 | 95.00 | 49.00 | 53.00 | 6.00 | 45.00 | 32.00 | 92.00 | 392.00 | 65.00 |
| Investments | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 |
| Other Assets | 1,088.00 | 1,186.00 | 1,177.00 | 1,096.00 | 982.00 | 839.00 | 754.00 | 651.00 | 509.00 | 499.00 | 462.00 | 503.00 |
| Total Assets | 2,752.00 | 2,681.00 | 2,698.00 | 2,637.00 | 2,522.00 | 2,442.00 | 2,426.00 | 2,369.00 | 2,310.00 | 2,351.00 | 2,279.00 | 1,991.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 507.00 | 449.00 | 485.00 | 370.00 | 380.00 | 384.00 | 340.00 | 296.00 | 315.00 | 402.00 | 389.00 | 444.00 |
| Cash from Investing Activity | -15.00 | -56.00 | -107.00 | -82.00 | -166.00 | -101.00 | -81.00 | -122.00 | -129.00 | -241.00 | -285.00 | -207.00 |
| Cash from Financing Activity | -495.00 | -404.00 | -370.00 | -273.00 | -220.00 | -296.00 | -250.00 | -198.00 | -204.00 | -227.00 | 0.00 | -332.00 |
| Net Cash Flow | -3.00 | -11.00 | 8.00 | 15.00 | -6.00 | -13.00 | 8.00 | -25.00 | -18.00 | -66.00 | 104.00 | -95.00 |
| Free Cash Flow | 216.00 | 354.00 | 413.00 | 312.00 | 329.00 | 339.00 | 325.00 | 264.00 | 261.00 | 259.00 | 23.00 | 330.00 |
| CFO/OP % | 95.00 | 102.00 | 109.00 | 95.00 | 107.00 | 105.00 | 90.00 | 94.00 | 98.00 | 110.00 | 123.00 | 104.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14.00 | 18.00 | 21.00 | 34.00 | 26.00 | 24.00 | 23.00 | 26.00 | 14.00 | 15.00 | 16.00 | 15.00 |
| Cash Conversion Cycle | 14.00 | 18.00 | 21.00 | 34.00 | 26.00 | 24.00 | 23.00 | 26.00 | 14.00 | 15.00 | 16.00 | 15.00 |
| Working Capital Days | -11.00 | -98.00 | -106.00 | -52.00 | -79.00 | -75.00 | -59.00 | -69.00 | -91.00 | -101.00 | -93.00 | -31.00 |
| ROCE % | 30.00 | 25.00 | 25.00 | 21.00 | 15.00 | 16.00 | 18.00 | 16.00 | 15.00 | 17.00 | 17.00 | 26.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Nov 2025 | 12 Nov 2025 | — | 5.40 | |
| Dividend | 28 Aug 2025 | 28 Aug 2025 | — | 4.20 | |
| Dividend | 19 Nov 2024 | 19 Nov 2024 | — | 4.00 | |
| Dividend | 14 Aug 2024 | — | — | 3.70 | |
| Dividend | 21 Nov 2023 | 21 Nov 2023 | — | 3.60 | |
| Dividend | 26 Jul 2023 | — | — | 3.40 | |
| Dividend | 18 Nov 2022 | 21 Nov 2022 | — | 2.70 | |
| Dividend | 26 Jul 2022 | — | — | 2.40 | |
| Dividend | 24 Nov 2021 | 25 Nov 2021 | — | 1.60 | |
| Dividend | 05 Aug 2021 | — | — | 2.40 | |
| Dividend | 24 Nov 2020 | 25 Nov 2020 | — | 2.10 | |
| Dividend | 29 Jul 2020 | — | — | 3.50 | |
| Dividend | 06 Nov 2019 | 07 Nov 2019 | — | 2.10 | |
| Dividend | 30 Jul 2019 | — | — | 1.80 | |
| Dividend | 13 Nov 2018 | 14 Nov 2018 | — | 1.70 | |
| Other | 13 Nov 2018 | 14 Nov 2018 | — | — | Interim Dividend Rs - Rs 1.70 Per Share |
| Dividend | 01 Aug 2018 | — | — | 1.70 | |
| Dividend | 13 Nov 2017 | 14 Nov 2017 | — | 1.70 | |
| Dividend | 02 Aug 2017 | — | — | 1.80 | |
| Dividend | 16 Nov 2016 | 17 Nov 2016 | — | 2.00 | |
| Dividend | 03 Aug 2016 | — | — | 1.90 | |
| Other | 22 Jul 2015 | — | — | — | Annual General Meeting |
| Other | 23 Apr 2014 | — | — | — | Annual General Meeting |
| Other | 18 Apr 2013 | — | — | — | Annual General Meeting |
| Other | 20 Apr 2012 | — | — | — | Annual General Meeting |
| Other | 20 Apr 2011 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Aug from crisil
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Rating update12 May 2025 from crisil
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Rating update26 Feb 2024 from crisil
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Rating update28 Nov 2022 from crisil
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Rating update31 Aug 2021 from crisil
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Rating update18 May 2020 from crisil